I won't go into the details but I need a new PM ASAP.

@Arron Paulino, its hard to give detailed advice, but here are a few thoughts:1.

With strategic upgrades, we modernized the property, improving its value significantly.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

A DSCR of 1.25 or higher is usually required.Property Appraisal: A professional appraisal to determine the property's value and income potential.Business Plan: Lenders may require a detailed business plan outlining your strategy for managing and profiting from the property.Experience: Demonstrating your experience with smaller multifamily properties can be beneficial.

That should give you a clue.For more details, read this and this.

If I want good answers, I respect other people's time and I ask better questions with more detail and don't make people go do their own research on my problem unless I laid out more of a story.

FYI, obviously I get MUCH more detailed than this example.

The price of the option, paid for by the potential purchaser of the property, is agreed upon and set and is non-refundable.Some sellers MIGHT credit the cost of the option back to the buyer of the property upon closing, but any details of the option may NOT refer to any lease.Why? 

I take an outdated home and modernize it in good neighborhoods with great schools.